Nefco is working with several new initiatives under the Green Recovery for Ukraine programme - Chief Investment Advisor of Nefco Yuliia Shevchuk

Interview with Chief Investment Advisor of Nefco Yuliia Shevchuk to the Interfax-Ukraine Agency

Text: Oksana Gryshyna

Tell us about the Programmes that Nefco are currently launching in Ukraine.

Nefco implements environmental projects in Eastern Europe, including Ukraine. A large number of municipal projects have been implemented regarding energy efficiency, district heating and wastewater modernisation.

Nefco has a Framework Agreement with the Government of Ukraine ratified by the Verkhovna Rada of Ukraine, which gives Nefco the possibility to operate as an International Financial Institution (IFI)in Ukraine.

We have been cooperating with over 100 Ukrainian municipalities for more than 10 years.

Nefco launched the Green Recovery Programme for Ukraine in July 2022, with the aim to provide financial and technical support to municipal projects. The Programme will support the green transition and the development of a green economy while helping to rebuild Ukraine. The purpose is to enhance and finance projects focused on rebuilding infrastructure at the municipal level to ensure that Ukraine is built back greener and better. As during the pre-war time, Nefco’s focus will be on implementation of small and medium sized projects in direct cooperation with Ukrainian municipalities, combined with technical assistance paving the way for medium- and long-term sustainable planning and operations.

The programme is a multi-contributor initiative, with the EU and the Nordic Governments as the initial contributors.

We manage three new actions funded by the European Union (EU), which includes around 30 communities in Ukraine. These actions are aimed at rebuilding critical infrastructure, urgent housing needs and building new